CAH vs. STE: Cardinal Health vs. STERIS Stock Comparison
How do Cardinal Health (CAH) and STERIS (STE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Cardinal Health (CAH) and STERIS (STE) both fall under the Health Care Equipment & Services industry group, but CAH is classified in Health Care Providers & Services while STE is classified in Health Care Equipment & Supplies.
| Profile Item | CAH | STE |
|---|---|---|
| Name | Cardinal Health, Inc. | STERIS plc |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Providers & Services | Health Care Equipment & Supplies |
| GICS Sub-Industry | Health Care Distributors | Health Care Equipment |
| Market Capitalization | 62.80 billion USD | 24.50 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | August 4, 1983 | June 1, 1992 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CAH | STE |
|---|---|---|
| Total Return (1Y) | 35.44% | -1.85% |
| Total Return (3Y, Annualized) | 40.52% | 9.57% |
| Total Return (5Y, Annualized) | 43.73% | 3.26% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CAH | STE |
|---|---|---|
| Volatility (1Y, Annualized) | 25.91% | 26.39% |
| Beta (5Y) | 0.49 | 0.81 |
| Max Drawdown (5Y) | -20.95% | -36.18% |
| Avg. Volume (3M) | 1.77M | 694.02K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CAH | STE |
|---|---|---|
| Sharpe Ratio (1Y) | 1.20 | -0.23 |
| Sortino Ratio (1Y) | 1.90 | -0.34 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: STERIS (STE) earns 11.61% on shareholders’ equity, ranked against its industry; Cardinal Health (CAH) has no ROE this period.
CAH
Health Care Equipment & Services industry group
--
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
- CAH
- --
STE
Health Care Equipment & Services industry group
11.61%
- Max
- 47.61%
- Q3
- 14.36%
- STE
- 11.61%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
STERIS (STE) at 13.41% retains a top-quartile share of revenue as profit, ahead of Cardinal Health (CAH) at 0.71%, which keeps about the industry-typical share.
CAH
Health Care Equipment & Services industry group
0.71%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- CAH
- 0.71%
- Q1
- -6.29%
- Min
- -28.46%
STE
Health Care Equipment & Services industry group
13.41%
- Max
- 29.35%
- STE
- 13.41%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
STERIS (STE) at 19.18% operates in the top operating margin quartile, ahead of Cardinal Health (CAH) at 1.34%, which runs around its industry’s norm.
CAH
Health Care Equipment & Services industry group
1.34%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- CAH
- 1.34%
- Q1
- -0.28%
- Min
- -16.29%
STE
Health Care Equipment & Services industry group
19.18%
- Max
- 35.43%
- STE
- 19.18%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | CAH | STE |
|---|---|---|
| ROE (TTM) | -- | 11.61% |
| ROA (TTM) | 3.72% | 7.00% |
| Net Margin (TTM) | 0.71% | 13.41% |
| Operating Margin (TTM) | 1.34% | 19.18% |
| Gross Margin (TTM) | 3.90% | 44.30% |
Growth
Revenue Growth
Both Cardinal Health (CAH) at 14.23% and STERIS (STE) at 8.73% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
STERIS (STE) at 27.90% sits in the top EPS growth quartile, while Cardinal Health (CAH) at 12.09% is closer to the peer norm — faster per-share earnings growth for STE.
Growth Metrics
| Metric | CAH | STE |
|---|---|---|
| Revenue Growth (YoY) | 14.23% | 8.73% |
| Revenue Growth (3Y CAGR) | 7.44% | 9.38% |
| EPS Growth (YoY) | 12.09% | 27.90% |
| EPS Growth (3Y CAGR) | 93.37% | 94.97% |
Financial Strength
Current Ratio (MRQ)
STERIS (STE) at 2.05 keeps current ratio within its industry’s typical mid-range, while Cardinal Health (CAH) at 0.89 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CAH.
CAH
Health Care Equipment & Services industry group
0.89
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- CAH
- 0.89
- Min
- 0.30
STE
Health Care Equipment & Services industry group
2.05
- Max
- 7.59
- Q3
- 4.00
- STE
- 2.05
- Median
- 1.98
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Only one side’s leverage can be read here: STERIS (STE) carries debt-to-equity ratio of 0.28 against its industry range, while Cardinal Health (CAH) reports no figure this period.
CAH
Health Care Equipment & Services industry group
--
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
- CAH
- --
STE
Health Care Equipment & Services industry group
0.28
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- STE
- 0.28
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | CAH | STE |
|---|---|---|
| Current Ratio (MRQ) | 0.89 | 2.05 |
| Debt / Equity (MRQ) | -- | 0.28 |
| Net Debt / EBITDA | 0.81 | 0.91 |
Dividends
Dividend Yield (TTM)
Both Cardinal Health (CAH) at 0.77% and STERIS (STE) at 1.02% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
CAH
Health Care Equipment & Services industry group
0.77%
- CAH
- 0.77%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
STE
Health Care Equipment & Services industry group
1.02%
- STE
- 1.02%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Cardinal Health (CAH) at 26.56% and STERIS (STE) at 30.61% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
CAH
Health Care Equipment & Services industry group
26.56%
- CAH
- 26.56%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
STE
Health Care Equipment & Services industry group
30.61%
- STE
- 30.61%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CAH | STE |
|---|---|---|
| Dividend Yield (TTM) | 0.77% | 1.02% |
| Dividend Payout Ratio (TTM) | 26.56% | 30.61% |
Valuation
P/E Ratio (TTM)
Both Cardinal Health (CAH) at 35.15 and STERIS (STE) at 29.93 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
CAH
Health Care Equipment & Services industry group
35.15
- Max
- 80.41
- Q3
- 47.62
- CAH
- 35.15
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
STE
Health Care Equipment & Services industry group
29.93
- Max
- 80.41
- Q3
- 47.62
- STE
- 29.93
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
Cardinal Health (CAH) at 0.24 sits in the cheaper P/S ratio quartile while STERIS (STE) at 3.97 prices around its industry’s middle — CAH costs less per dollar of sales, though read it alongside growth and margins.
CAH
Health Care Equipment & Services industry group
0.24
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- CAH
- 0.24
- Min
- 0.03
STE
Health Care Equipment & Services industry group
3.97
- Max
- 8.80
- Q3
- 4.32
- STE
- 3.97
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
Cardinal Health (CAH) reports a negative P/B ratio of -20.84, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile STERIS (STE) reports 3.38, ranking against industry peers normally.
CAH
Health Care Equipment & Services industry group
-20.84
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
- CAH
- -20.84
STE
Health Care Equipment & Services industry group
3.38
- Max
- 11.68
- Q3
- 6.12
- STE
- 3.38
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | CAH | STE |
|---|---|---|
| P/E Ratio (TTM) | 35.15 | 29.93 |
| P/S Ratio (TTM) | 0.24 | 3.97 |
| P/B Ratio (MRQ) | -20.84 | 3.38 |
| Free Cash Flow Yield (TTM) | 7.99% | 3.36% |